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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES    
Net income $ 997 $ 809
Adjustments to reconcile to net cash used in operating activities:    
Depreciation 64 61
Amortization 95 87
Long-lived asset impairment charges 28 0
Deferred taxes (235) 109
Credits associated with last-in, first-out inventory method 32 (13)
Non-cash operating lease expense 58 63
Gain from sales of businesses and investments (19) (33)
European businesses held for sale 0 20
Other non-cash items 41 102
Changes in assets and liabilities, net of acquisitions:    
Receivables (2,380) (1,584)
Inventories (826) (955)
Drafts and accounts payable 1,473 1,006
Operating lease liabilities (80) (94)
Taxes 236 37
Litigation liabilities 0 (370)
Other (536) (186)
Net cash used in operating activities (1,052) (941)
INVESTING ACTIVITIES    
Payments for property, plant, and equipment (78) (71)
Capitalized software expenditures (46) (29)
Acquisitions, net of cash, cash equivalents, and restricted cash acquired 0 (1)
Proceeds from sales of businesses and investments, net 39 240
Other (64) (100)
Net cash provided by (used in) investing activities (149) 39
FINANCING ACTIVITIES    
Proceeds from short-term borrowings 65 0
Repayments of short-term borrowings (65) 0
Proceeds from issuances of long-term debt 991 0
Repayments of long-term debt (268) (2)
Purchase of U.S. government obligations for the satisfaction and discharge of long-term debt (647) 0
Common stock transactions:    
Issuances 27 91
Share repurchases (696) (1,000)
Dividends paid (74) (71)
Other (176) (199)
Net cash used in financing activities (843) (1,181)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 2 18
Change in cash, cash equivalents, and restricted cash classified as Assets held for sale 0 470
Net decrease in cash, cash equivalents, and restricted cash (2,042) (1,595)
Cash, cash equivalents, and restricted cash at beginning of period 4,679 3,935
Cash, cash equivalents, and restricted cash at end of period 2,637 2,340
Less: Restricted cash at end of period included in Prepaid expenses and other (1) (107)
Cash and cash equivalents at end of period $ 2,636 $ 2,233